September 27, 2009

"If The Economy Is Sound, Why Zero Percent Interest Rates?"

Ben Bernanke is keeping his record of perfect intact of never getting anything right. One again he has got it wrong. First of all, spending money is not economic activity. If the FED really thought that the economy was sound why does it have to kkep it on life support? Why do we have zero percent interest rates?

in TECH TICKER

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

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BIO

Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger. Schiff, a licensed stock broker, is the president of Euro Pacific Capital, headquartered in Westport, Connecticut